Show the following values for the cow-calf enterprise budget below. Some values will have to be calculated.

a. Gross revenue $ ?

b. Gross margin $ ?

c. Profit $ ?

d. Net income (assume management, labor and operating capital are supplied by the operator. $ _____?______________

e. Breakeven selling price needed for the feeder calf, to pay total costs

$ _____?________ per cwt.

.

1 cwt= 100 lbs im pretty positive. one chegger said it was 112 lbs but I believe thats for european conversion and not american

Cow-Calf Budget Spring Calving, Sell at 225 days of age Item Quantity/Unit Price Per Unit Total Value Receipts Feeder Calf Sale 425 Jb $80/cwt. 92 Cull Cows and Bulls Total Receipts Variable Costs Feed $ 39 180 Pasture (Hay Eauix) Hay (grass) Salt & Mineral 2.6 ton $15/ton 3 ton $60/ton Total Feed Costs S 12 15 17 12 Health Program Marketing Supplies & Misc. Int. on Operating Capital 13 12mo 9% Total Variable Costs S281 Fixed Costs S60 120 13 53 37 Labor Charge 8 hours $7.50/hr Cow Replacement Bull Replacement Int. on Breeding Stock Fence & Facilities Management Charge $591 9% 5% of gross revenue Total Fixed Costs S305 Total Costs S586 Cow-Calf Budget Spring Calving, Sell at 225 days of age Item Quantity/Unit Price Per Unit Total Value Receipts Feeder Calf Sale 425 Jb $80/cwt. 92 Cull Cows and Bulls Total Receipts Variable Costs Feed $ 39 180 Pasture (Hay Eauix) Hay (grass) Salt & Mineral 2.6 ton $15/ton 3 ton $60/ton Total Feed Costs S 12 15 17 12 Health Program Marketing Supplies & Misc. Int. on Operating Capital 13 12mo 9% Total Variable Costs S281 Fixed Costs S60 120 13 53 37 Labor Charge 8 hours $7.50/hr Cow Replacement Bull Replacement Int. on Breeding Stock Fence & Facilities Management Charge $591 9% 5% of gross revenue Total Fixed Costs S305 Total Costs S586